CHINA

The following is the text released by the White House of remarks by U.S. President Barack Obama and Chinese President Hu Jintao on the morning of January 19, 2011 at the South Lawn of the White House at the official arrival ceremony. Neither president took questions.

Gold rallied for a third consecutive session on Wednesday, boosted by broad weakness in the dollar and robust Asian consumer demand, while anticipation of more resilient global growth took platinum to 30-month highs.

After a lengthy absence, [other] asset managers and central bankers are readmitting gold back into the group of prudent asset classes, writes Thomas Kaplan, chairman of New York's Tigris Financial advisory and asset-management group, in today's Financial Times.

Lenovo, the PC company came up with the device as China prohibits foreign game consoles

China's consumer price index (CPI) dipped to 4.6 percent in the last year, according to a report by Hong Kong-based Phoenix TV, BBC reported.

Even as the U.S. and China are preparing for what is termed as the most important heads of state level meeting in a decade, Japan has come out strongly for healthy ties between the world's two largest economies which happen to be political adversaries as well.

Google Inc. has extended its dominance in the worldwide search advertising market amid challenges from Microsoft’s Bing and rising competitive obstacles in fast-growing regions, says a report from IHS iSuppli.

China's exports of vital rare earth elements used for numerous high-tech goods slipped almost one-tenth last year but the overall value rocketed as quota cuts lifted international prices, data showed on Wednesday.

Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.

The top after-market NASDAQ stock market gainers on Tuesday are: NuVasive, Datalink, Coldwater, Ener1 and TASER International. The top after-market NASDAQ stock market losers on Tuesday are Cree, DepoMed, Rubicon Technology, Veeco Instruments and Ares Capital.

History shows the U.S. can force China to revalue the yuan.

Executives from General Electric, Microsoft, Goldman Sachs, Coca-Cola, Boeing, Intel and Carlyle Group will be among U.S. business leaders at a meeting on Wednesday hosted by U.S. President Barack Obama with Chinese President Hu Jintao, a White House official said.

Hong Kong stocks are set to rise on Wednesday following a higher close on Wall Street which was supported by commodity-related counters and strong earnings from technology bellwethers Apple (AAPL.O) and IBM (IBM.N).

A trade delegation from China will sign agreements in Chicago on Thursday to buy an unspecified amount of U.S. soybeans, the U.S. Soybean Export Council said in a statement.

U.S. President Barack Obama came under increasing pressure on Tuesday to publicly speak out against Beijing's harsh treatment of political and religious dissidents during a state visit this week by Chinese President Hu Jintao.

Chinese President Hu Jintao and President Barack Obama will meet with U.S. and Chinese business leaders at the White House on Wednesday to discuss ways to expand trade and investment opportunities, with the U.S. executives seeking deals to tap into China's economic growth.

Chinese President Hu Jintao arrived in the United States on Tuesday for a four-day state visit peppered by U.S. complaints about Beijing's currency policies but sweetened by some $8.5 billion in business deals.

South Africa petrochemicals group Sasol said on Tuesday it would not continue with a planned coal-to-liquids plant project in Indonesia as it seeks to focus more on gas-to-liquids opportunities.

China's Sichuan Hongda Co. Ltd. will invest $3 billion in a coal-fired power plant and two iron ore mines in Tanzania, the state-run National Development Corporation (NDC) said on Tuesday.

Taiwan tested as many as 19 air-to-air and surface-to-air missiles even as Chinese President Hu Jintao was due to meet President Obama for a summit meeting.

The top pre-market NASDAQ stock market gainers are: ARIAD Pharmaceuticals, Datalink, Sterling Bancshares, China XD Plastics and Ku6 Media. The top pre-market NASDAQ stock market losers are: Apple, Avago Technologies, Cypress Semiconductor, NVIDIA and ASML Holdings.